GoldMoney (TSX: XAU) gained another $0.19 or 6.64% today to close at $3.05 per share on volume of 366,535 shares or 6.38X above average! XAU's long-term weekly chart is setup perfectly for a huge imminent breakout!
The only way to consistently make money in the stock market over the long-term is by being a Techno-Fundamentalist who looks for the most fundamentally undervalued stocks that deserve a significantly higher valuation and being patient until it has extremely bullish technicals. XAU has its strongest fundamentals in history and most bullish technicals in history at exactly the same time!
Over the last ten months, XAU has been consistently bottoming at higher lows and trending upward on low volume. Despite XAU's short-term uptrend, XAU remained in a long-term downtrend... until today! XAU has surpassed its most important long-term trendline on very strong volume!
XAU has a perfect base to make a run back to its all-time high of $8.05 per share! When XAU reached $8.05 per share in December 2017, the company had an operating loss (TTM) of ($9.819 million). XAU today has a record high operating profit (TTM) of $9.936 million and XAU's operating income (TTM) will continue to rise significantly higher in the upcoming quarters!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.
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